Multibillion Dollar Pipeline Expansion Project Approved By Enbridge

Enbridge, the international pipeline company based in Calgary, Alberta Canada, has approved the expansion of the southern segment of its British Columbia pipeline system, a project that would cost up to $2.65 billion after strong demand from crude oil producers.
The company, like many of its competitors, posted higher third-quarter earnings on Friday and separately launched an 'open season' for capacity on the northern segment of the B.C. line. Interest in the open season would determine if Enbridge launches a potential $1.45 billion expansion of that line.
Enbridge said the T-South expansion of its B.C. pipeline system, which originates near Chetwynd and extends south to the Canada-U.S. border at Huntingdon-Sumas, will add 300 million cubic feet per day (cf/d) of capacity.
The T-South expansion is expected to come into operation in 2028, while open season for T-North is expected to end on Jan. 10, 2023.